greenwood duplex

Owner Financing!

GREENWOOD DUPLEX

Side by side units in this quaint Greenwood duplex. Within walking distance to shopping, cafes and eateries. Seattle's popular and beloved parks, Green Lake, is less than 10 minutes away and features a 2.8 paved path around the lake. Perfect for an owner occupant interested in earning passive income or adding to their investment portfolio.

PROPERTY DETAILS

greenwood city (1)

2 Unit l 2 Bed l 1 Bath
1,150 SF l 6,120 SF Lot
Front & Back Yard
Baseboard Heating
SF5000 Zoning
Owner Financing!

PROJECT SUMMARY

Summit Capital intends to cosmetically update the interior of the existing building top to bottom by replacing the kitchens and baths, install new flooring, new paint, lighting, and all fixtures. Project will finish with refresh of the landscaping around the building bringing an overall cohesive feel to the property.

PARTNERSHIP OPPORTUNITY

Very few opportunities in this neighborhood come about allowing for full cosmetic updating to be done. Buying this property off market, the ownership group will get to capitalize on the below market purchase price and seller financing.

greenwood city

PROJECT TIMELINE

The company expects to purchase and improve the property within 12 months. At which point, the company will either refinance and retain the property as a rental or sell at market rate. The final strategy will depend on Partner goals for asset and portfolio growth.

AREA REVIEW

This project is in Seattle’s Greenwood neighborhood and within walking distance to cafes, pubs, & boutiques. It’s less than a 10 minute walk to Green Lake and offers quick access to downtown Seattle, Ballard, Fremont and beyond. Housing in Seattle’s Greenwood neighborhood is more affordable than some of Seattle's trendier areas, but gentrification has led to development of new condos and townhomes and is driving up prices for housing. Proximity to Hwy 99 and other major arterials gives Greenwood, and this property specifically, easy access to downtown Seattle, Ballard, Bellevue and other cities.

PROPERTY LOCATION

greenwood map

PARTNERSHIP INQUIRY

If you'd like to receive more information, pictures, and plans regarding this property, please fill out the form below and someone from our team will get back to you promptly!

Our partners are extremely important to us as we pursue two key goals – generating long-term wealth and fostering solid relationships. We offer multiple opportunities that align with all comfort levels, whether you are embarking upon your first real estate project or are a seasoned investor seeking to diversify your current portfolio. Please submit your contact information and we will be happy to discuss all the opportunities available.